125,65. EUR JPY is in a range between 122,50 and 125,75. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR JPY. The price should find a resistance below 125,75 (10 pips). If the resistance breaks then the target will be 129,00 (335 pips).
125,75 - 126,30
124,75 - 123,80